We examine how the mandatory adoption of IFRS in Continental Europe affects the contractual usefulness of accounting … countries with large differences between IFRS and their previously adopted local accounting standards. We also document a … IFRS adoption to be of higher quality and comparability. Our paper highlights an important benefit of IFRS largely ignored …

concerning capital management. This result gives further support to the studies of IFRS earning quality …

from the adoption of International Financial Reporting Standards (IFRS). We investigate seven proxies that have been used …, three years before IFRS were widely adopted in 2005); 2005; and 2008. To assess the merits of the proxies we focus on …

China issued the New Enterprise Income Tax Law in 2007, which changed the corporate income tax rate from 33% to 25% and …

This paper reviews the academic literature on earnings management in China. We discuss the motivations behind the … risk of delisting. While non-core income was widely used to measure earnings management in China, as it is easily detected … China, and conclude that the two main causes are the concentrated ownership structure, and the strong political and economic …

reform, the split share structure reform in China, this paper examines the effect of state ownership through privatization … state ownership in China, where the capital market is considered less developed …